The EC opened €4bn call for proposals for Net-Zero technologies under the Innovation Fund

1 minute read / November 24, 2023

The Commission opened the the Innovation Fund’s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from the EU Emissions Trading System (EU ETS), underlining the importance of carbon pricing for the green transition. The Commission has increased the overall funds available, and doubled the budget allocated for cleantech manufacturing projects compared to the previous call. €1.4 billion are available to strengthen industrial manufacturing capacity, technology leadership, and supply chain resilience in Europe.

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